Curated Intel from the Talent Tech Industry
October 31-November 6, 2022:
• Tapping internal & external talent: Gloat adds Gloat Hiring to its AI-powered TA platform;
• Building a mobile-first job seeker experience: POD closes $2.5M in seed funding for AtlasJobs;
• Targeting Hispanic workers: Talroo adds Spanish language translation on Jobs2Careers.com;
• Ditching ethics: Musk & Twitter terminate members of the company’s internal watchdog team;
• Seeking freedom from tyrannical employers: Hourly jobs losing talent to the gig economy.
PLUS
• Congruent Recruiting Marketing – that’s how TAtech CEO Peter Weddle describes the focus of the TAtech Leadership Summit on Recruitment Marketing, coming up on December 1 at Boston University in Boston, MA. Designed for both corporate and industry thought leaders, this event is all about identifying the new Best Practices of Recruitment Marketing – those that will yield positive results in 2023 and beyond. Join us!
Gloat Introduces Gloat Hiring to Help Employers Tap Internal & External Talent
Gloat, the leading provider of Workforce Agility and pioneers of the AI-powered Talent Marketplace, today announced the introduction of Gloat Hiring, a signature expansion to the Workforce Agility Platform that enables businesses to integrate internal mobility models with talent acquisition campaigns. Built on the same technology designed to break down functional silos and understand the competencies, skills, and roles of a company’s existing workforce, Gloat Hiring extends these capabilities to efficiently tap into external talent and optimize staffing and recruiting models. "With Gloat Hiring, HR is no longer forced to assess internal and external talent pools separately from each other. We are adding the next piece of the puzzle and connecting organizations with the most qualified people, wherever they are, through a next-generation talent ecosystem driven by workforce intelligence." Amid ongoing workforce transformation, businesses are turning to skill-based models and rethinking their workforce approach. In a recent survey, 90% of business executives say they are experimenting with skills-based work strategies, but 60% believe fractionalizing work into more project-based assignments is the best way to operate moving forward. Gloat has established its expertise helping companies source skills and upskill quickly, and its Talent Marketplace surfaces qualified talent to support internal mobility and gig economy models for industry leaders worldwide. Businesses can browse surfaced candidates based on their relevant skill data, aspirations, experiences, and their potential to facilitate upskilling and growth on the job.
Pod Closes $2.5M Seed Funding Round for AtlasJobs
Pod today announced the closure of a $2.5M funding round for its AtlasJobs HR-Tech SaaS platform. AtlasJobs, launched in Q2 2022, was developed alongside corporations who are focused on building sustainable talent pathways and serves as a white-label talent engagement and management platform. The platform delivers an interactive job-finding experience allowing its users to discover, explore, and engage directly with career opportunities. This funding round was led by PACA Ventures and brings the total investment in Pod to $7.5M. AtlasJobs is helping companies address critical staffing shortages and recruiting challenges by providing a mobile-first interactive job-seeker experience that enables leading companies to better position themselves as employers of choice. The AtlasJobs web and mobile platforms both leverage a map-centric search mechanism and AI technology to meet Generation Z where they are with an intuitive, engaging design enhancing the discoverability of jobs globally.proven to make better connections with job seekers.
Talroo Expands Offering to Reach Hispanic Workers
The talent network Talroo is now offering the ability to reach a more diverse network job seekers with its Spanish language translation feature for all jobs on Jobs2Careers.com. U.S. Spanish-speaking population is second only to Mexico’s, and more than 75% of Hispanic workers report using job search sites, Talroo said. With the growing Hispanic community and the rising number of bilingual employees being recruited and hired, this new translation feature aligns with employers evolving priorities. Figures show the number of Hispanic workers in the labor force stood at approximately 29 million in 2020. Projections indicate that figure will reach 35.9 million in 2030. As a result, Hispanic people will account for 78% of net new workers between 2020 and 2030, according to the U.S. Department of Labor. The majority of those people will be of prime age for work – 25 to 54 years old with a median age of 38.5. And, From 2018 to 2028, the Hispanic share of the labor force is projected to increase more than that of any other race or ethnic group, from 17.5% in 2018 to 20.9% in 2028, according to the U.S. Bureau of Labor Statistics. From 2018 to 2028, the share for Hispanic men is projected to increase from 9.9% to 11.7%, while the share for Hispanic women is projected to increase from 7.5% to 9.2%.
There Goes Twitter's Ethical AI Team as Employees Post Final Messages
Twitter began its highly anticipated mass layoffs Thursday evening by eliminating its top internal critics. Twitter’s Ethical AI team, according to former staff, is no more. Multiple members of Twitter’s Machine Learning, Ethics, Transparency and Accountability (META) team, including its former leader, posted on Twitter saying they were no longer at the company. At least one of the former workers suggested the entire team was being disbanded. The apparent layoffs impacting the company’s strongest internal watchdog group comes as thousands more brace for cuts potentially impacting around half of the company’s staff according to previous reports. Gizmodo found tweets from around half a dozen META team members claiming they were impacted by the layoffs. META head Rumman Chowdhury posted a screenshot of apparently being locked out of her Twitter email account alongside a tweet reading, “Has it already started? Happy layoff eve!” Chowdhury, who spearheaded a number of transparency initiatives at the company including launching a first of its kind algorithmic bias bounty challenge, went on to say, “it’s definitely only downhill on this hellsite.”
Hourly Jobs Losing Talent to Gig Economy
Based on feedback from more than 1,500 hourly employees and 500 managers, a new report from Legion technologies uncovered that the seasonal workforce values gig-like flexibility above all else, and not offering flexible, modern employment could be detrimental to businesses this holiday season. Gig work is slowly eating away at traditional hourly jobs. For many, it is just easier to get on Uber or Doordash to make some extra cash. According to the National Retail Federation, the retail industry alone hires approximately 500,000 temporary workers for the holiday season. The widespread need to fill positions has created a shift in power between hourly employees and their employers. With so many open positions, seasonal workers can be more selective in choosing their employment opportunities. Hourly employees are seeking positions that allow them to manage their own schedules, prioritize family events and avoid burnout. That’s why gig work is so attractive. Retailers, restaurants, and hospitality businesses must evolve to attract and retain employees while simultaneously improving the lives of their managers.
Congruent Recruitment Marketing
Congruent Recruiting Marketing – that’s how TAtech CEO Peter Weddle describes the focus of the TAtech Leadership Summit on Recruitment Marketing, coming up on December 1 at Boston University in Boston, MA. It’s all about identifying the new Best Practices of Recruitment Marketing – those that will yield positive results in 2023 and beyond. This unique one-day event is specifically designed to promote connections among busy corporate and industry leaders. Its program provides a deep dive into the top of the recruiting funnel with plenty of time left over for senior-level peer-to-peer interaction. That makes it the perfect venue for building your brand and generating sales leads. Join us!